Company defends its actions, pointing to Microsoft and Apple's strategy: buy other companies' IP; sue with it

Today Samsung Electronics Comp., Ltd.'s (KSC:005930) smartphones are threatened with bans thanks to Apple, Inc.'s (AAPL) ambiguous patents from a decade ago. And Samsung pays an estimated $15 USD per handset to Microsoft Corp. (MSFT) for its war chest of patents. In other words, the world's best-selling smartphone maker has received a cold hard crash course on the twisted state of the U.S. intellectual property system.

Now it's looking to apply those hard-earned lessons and do some patent harassment of its own.

Based out of Washington, D.C., the new firm isn't exactly bashful about its objectiveness, which are the same as those of most shell companies: find corporate targets, demand they license, and sue if they don't comply.

Samsung Display is looking to play the patent litigation game. [Image Source: Flickr]

An unnamed Samsung spokesperson toldThe Korea Times, "Companies should be paying licensing fees for patents. We are paying to platform providers such as Microsoft in return for using their patents. IKT will be tasked to find out which patents are helpful and valued for Samsung."

Samsung Display was the world's largest LCD TV shipper in Q1 2013 according toDisplay Search.

The patents from Epson include a number of patents on organic light-emitting diodes (OLEDs), a new form of display technology that's expected to dominate the television and mobile device display industry over the next few years. The patents also cover ultra-high definition display technologies, such as the "4K" display format that debuted commercially this year.

In other words, the Samsung Group -- having played the victim in the U.S. -- appears to be embracing the patent industry's dark side, with lots of juicy targets to sue.

Because in reality, Apple only exists because it got lucky. It made an MP3 player that people liked which kept the company alive long enough to create the iPhone. If it weren't for those two products Apple would have been RIM and they MIGHT exist today as a graphic design niche. Schools stopped using Mac because there was no purpose to teaching children on a computer that the business world didn't use. I lost my love for them during PowerPC simply because I could get a better PC compatible cheaper, and with all of the third party vendors I could get parts WAY cheaper.